To address global poverty - do we really not have enough resources or do we not have the right tools to allocate our resources?
The tools of finance, when applied correctly, can be an enabler of social and environmental outcomes. This course is designed to give you the ability to build innovative financing strategies that work towards outcomes such as financial inclusion, access to energy and access to education. The innovative finance process has five key components. It starts with identifying the outcomes you are looking to achieve and next moves on to due diligencing your issue area using techniques like design thinking to make sure you are designing with the end user. Next you must map all of the resources available for your outcome and then discover opportunities to augment these through business model innovation, multi-stakeholder partnerships and innovative financial structures. Finally, the last step is to put all of these pieces together to design an innovating financing strategy.
Each week dives into a component of the process using examples and real case studies from social entrepreneurs, non-profits, development funders, impact investors, governments, foundations and more. Over five weeks you’ll learn about new types of revenue creation, financing approaches, business models and partnerships. By the end of the course, you’ll have the ability to hack finance for social change.
Watch the course trailer https://www.youtube.com/watch?v=tSMUoCJgqkw

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Designing for Impact

Congratulations on reaching the final week of the course! It’s a short week ahead. Here we introduce you to the five stages of the innovative finance process, which you have been working through during the past four weeks. This week we have arrived at the design process. This requires us to look back over what we’ve done to create a design for our innovative financing strategy.
In this week our cases tells us how they designed for impact. Following this, I provide a summary of the cases from week 1 to week 5 and how it relates to the innovative finance process. We end off the course with an exam, covering everything we have learned, and also an optional honours assignment. In this assignment we want you to design your Innovative Finance Strategy.